Hemostasis is a process which is used to stop bleeding from a vessel or organ in the body meaning to keep blood within a damaged blood vessel. Hemostasis involves coagulation – blood changing from a liquid to a gel. Hemostasis has three major steps: 1) vasoconstriction, 2) temporary blockage of a break by a platelet plug, and 3) blood coagulation, or formation of a fibrin clot. These processes seal the hole until tissues are repaired. A hemostasis analyzer can analyze compromised icteric, hemolytic, and lip emic samples to detect any clots. A good hemostasis analyzer will provide either mechanical or optical clot detection – premium hemostasis analyzers can accomplish both.

Increasing incidence of blood clotting disorders, coupled with increasing cases of excessive blood loss in individuals during surgeries are key factors driving growth of the global hemostasis analyzers market. In addition, growing awareness about hemostasis among individuals in emerging economies, and technological developments in hemostasis analyzers are other major factors expected to fuel growth of the global hemostasis analyzers market over the forecast period.

However, high cost of advanced hemostasis analyzers, and slow adoption rate of hemostasis analyzers in developing economies are key factors restraining growth of the global hemostasis analyzers market. Additionally, lack of skilled professionals is also a major factor expected to hamper growth of the global hemostasis analyzers market over the forecast period.

Development of fully automated hemostasis instruments can be a major opportunity for prominent players in the market to expand their presence.

Currently, the market in North America dominates the global hemostasis analyzers market in revenue terms owing to presence of appropriate healthcare infrastructure, high disposable income, and rising demand for advanced diagnostics instruments in countries in the region. The market in Europe accounted for second-highest revenue share in the global hemostasis analyzers market, followed by markets in Latin America, Asia Pacific, and Middle East & Africa respectively. The market in Asia Pacific is projected to witness fastest growth in terms of revenue, owing to increasing awareness among individuals about hemostasis, and rise in government initiatives for the improvement of healthcare facilities in emerging economies such as India and China.

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